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Thanks for this info. That was part that always confused me about India and SII. I couldn't believe that they were exporting vaccines a while back. It just didn

Thanks for this info. That was part that always confused me about India and SII. I couldn't believe that they were exporting vaccines a while back. It just didn't make sense to me given the size of India's population. The only explanation I could think of was that they were being overly altruistic. My more cynical friends said maybe SII was being overly capitalistic. But your explanations makes more sense.

pkaye 6y ago
I would say SII is pretty capitalistic. Its charging $8/dose in India vs $3-4/dose that AZ is charging in US and EU. And that is before any markups in public hospitals from what I hear. And remember SII got $250M from Bill Gates and didn't have to do vaccine development like Oxford/AZ. The Covaxin vaccine developed in India is even more expensive but they had to do their own development. https://indianexpress.com/article/india/serum-institute-covishield-price-india-world-7286635/lite/ https://indianexpress.com/article/india/serum-institute-covi...